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Escrow Proceedings Inspections & results of inspections
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Inspections & results of inspections Generally there our two inspections done when it comes to residential property. One is a home inspection. Which can be done by the buyer, but is usually done by a professional home inspector that the buyer hires. As a result of a home inspection, some things may be discovered that the buyer wants fixed. These things the buyer wants fixed need to be submitted in writing. The repairs that will be done are subject to negotiation. The second inspection is a termite inspection. If the property is going to be financed by a lender, this is usually required. In a termite report there are two sections. Anything that is discovered and categorized under "section one" of the report, the seller is usually responsible for fixing. Anything discovered and categorized under "section two" in the report, usually the Buyer has a choice to fix it at their own expense. However, section one and two of a termite report are negotiable. If you have any questions, Please call 1-866-624-6873 or E-mail us! postmaster@lasvegashomefinderteam.com
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